Internet payment plays continued to soar on news that billionaire Li Ka-shing has invested in BitPay, the digital currency equivalent of PayPal, through his venture-capital company Horizons Ventures. China Netcom Technology (08071.HK) shot up 44 percent, becoming the best performer in the Hong Kong stock market. Lottery services system provider China LotSynergy Holdings (01371.HK) also added more than 11 percent.

Six days after its trading debut, Kerry Logistics Network (00636.HK) ended 7.4 percent higher for the day, and was the eighth most active stock in Hong Kong.

About US$1.3 billion has been invested in blockchain companies in the first five months this year, surpassing the amount of venture capital in the field for the whole of 2017, Crunchbase reports. A number of...

Chinese internet giant Tencent Holdings has led a funding round for NewsDog, an India-focused news aggregator app which some observers believe has the potential to grow into a scale comparable to China’s hugely popular...

JD.com, one of the leading e-commerce platforms in China, is leveraging on augmented reality (AR) technology to integrate online and offline shopping experience. It will introduce three AR-powered products: a makeup mirror, a dressing...

In recent years, China has become a major player in the global luxury M&A market. Increased consumer spending, driven by a growing middle class and newly created wealth, has created a significant incentive for...

The Trump administration is considering a proposal to impose new tariffs on imported vehicles, invoking a national security law that was used to impose tariffs on aluminum and steel, Reuters reports, citing people with...